The NFT market has rebounded despite weak cryptocurrency prices, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600.
According to the latest CoinMarketCap data, the global crypto market cap has dropped to $3.18 trillion from last week’s $3.24 trillion.
As reported by CryptoSlam data, NFT sales volume has grown to $152.9 million, marking a 19.60% increase from the previous week. The market has seen expanded participation across all metrics.
The weekly data reveals growing market activity:
– NFT sales volume rose to $152.9 million from $112.7 million
– NFT buyers increased 64.53% to 335,666
– NFT sellers grew 49.30% to 237,123
– NFT transactions climbed 4.73% to 1,574,998
Ethereum NFT sales jump
Ethereum (ETH) NFT sales jumped 42.71% to $79.1 million, with buyers up 36.09% to 41,619. Wash trading increased 44.66% to $37.5 million.
Bitcoin (BTC) took second place with $20.6 million despite a 26.59% drop. However, buyer numbers rose 40.65% to 23,097.
Mythos Chain held third with $15.4 million, up 4.25%. Solana (SOL) followed with $10.9 million, rising 13.86%, while Polygon (POL) rounded out the top five with $9.2 million, growing 23.35%.
Doodles claim second place
DMarket maintained its lead with $10.2 million in sales, up 6.59%. The platform kept strong volume with 344,394 transactions and 24,012 buyers.
Doodles claimed second place with $9.9 million, rising 32.80%. Pudgy Penguins moved to third with $8.8 million, bouncing back with an 83.01% increase and seeing transaction volume more than double.
Courtyard held fourth with $8.2 million, up 23.52%, while LilPudgys entered the top five with $6.3 million, posting a 133.39% surge.
Notable sales this week included:
– CryptoPunks #7685: $166,289 (60 ETH)
– CryptoPunks #3963: $139,515 (50 ETH)
– CryptoPunks #5774: $122,773 (44 ETH)
– CryptoPunks #9813: $121,059 (44.99 ETH)
– CryptoPunks #8046: $120,659 (44.69 ETH)